The estimation of the allowance for loan and lease Losses has been a part of the financial institution’s accounting processes for years, but it has taken on increased importance over the last several years.

As global cash flow has become more of a necessity than an option, the majority of financial institutions are now performing some type of combined ratio analysis. The issue lies in the fact that there are several methods of global cash flow analysis being used. And some lead to erroneous...

In 1687, Isaac Newton published a three-volume treatise which revolutionized humanity’s understanding of the physical world. Book One of Newton’s Principia contains Newton’s three laws of motion, which describe the responses of physical bodies to forces acting upon them. Sir Isaac expressed the first law as follows: "Every body persists...